TF Bank: Monthly statistics April 2023
The total loan portfolio amounted to SEK 15,705 million at the end of April. Compared to April 2022, the loan portfolio has increased by 30 % in local currencies.
| Month | Apr-23 | Apr-22 | Change |
| Consumer Lending | |||
| New lending, SEK million | 547 | 431 | 27 % |
| Credit Cards | |||
| New lending, SEK million | 713 | 312 | 129 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 1,170 | 739 | 58 % |
| Cumulative for the year | Jan-Apr 23 | Jan-Apr 22 | Change |
| Consumer Lending | |||
| New lending, SEK million | 2,163 | 1,760 | 23 % |
| Credit Cards | |||
| New lending, SEK million | 2,675 | 1,149 | 133 % |
| Ecommerce Solutions | |||
| Transaction volume*, SEK million | 4,031 | 2,536 | 59 % |
*The sum of all purchases that go through TF Bank’s payment solutions
All figures for April 2023 are preliminary.
For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0) 70 626 95 33
The information was provided for publication on May 9, 2023 at 08.30 CET.
TF Bank in brief
TF Bank was founded 1987 and is an internet-based niche bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. Deposit and lending activities are conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria and Spain through branch or cross-border banking with the support of the Swedish banking license. The operations are divided into three segments: Consumer Lending, Credit Cards and Ecommerce Solutions. TF Bank is listed on Nasdaq Stockholm.